Budget 2024: New income tax slabs introduced, standard deduction up; key details
Increased tax slabs, increase in standard deduction, and increased deductions from pensions will bring relief expected to over 4 cr salaried individuals and pensioners.
tax cut
July 2024
January 2023
August 2022
January 2022
January 2020
September 2019
Budget 2023: Tax relief needed amid high inflation, interest rates, say experts
Ahead of the Budget, experts are of the view that the exemptions and tax slabs in the personal income tax regime need a relook.
Budget 2023: EY India suggests nil tax on income up to ₹5 lakh under new regime
The new concessional tax regime will become attractive for the tax payers if income up to ₹5 lakh annually is exempt from taxation, says EY India.
Middle, lower income class too needs tax breaks; Corp tax cut to cost ₹1 lakh cr in FY22: Cong
Congress urged the Centre to announce tax breaks for the middle and lower income classes.
Budget 2022: Govt must take a chance on personal consumption to drive growth, says Rajeev Gowda
Ahead of the budget, Congress leader Rajeev Gowda suggests that the government must lower the taxes on items to boost personal consumption.
‘Budget is likely to be overall positive for markets’
According to the international brokerage, the market is looking for some relief in personal income taxes and taxes for companies/investors.
What corporate tax cuts mean for auto sector
Though an uptick in demand is expected in the October-November festive season, experts do not see an immediate revival for the sector.
Markets cheer corporate tax cut
The S&P BSE Sensex jumped 2,284.55 points on Friday in intra-day trade, the highest gain in more than a decade.
